(Reuters) – Canada’s Magna International has reached a tentative agreement with Unifor, a company spokesperson said on Monday, the latest in a series of deals struck by North American labor unions following their tough stance over wages and working conditions. Both parties resumed talks last week after workers staged a walkout at the auto parts… Continue reading Canada’s Magna, Unifor reach tentative labor deal
Author: Yarhow_Finance Online News
The five-year decline in earnings might be taking its toll on Linamar (TSE:LNR) shareholders as stock falls 8.5% over the past week
It hasn’t been the best quarter for Linamar Corporation (TSE:LNR) shareholders, since the share price has fallen 16% in that time. But at least the stock is up over the last five years. Unfortunately its return of 20% is below the market return of 53%. While this past week has detracted from the company’s five-year… Continue reading The five-year decline in earnings might be taking its toll on Linamar (TSE:LNR) shareholders as stock falls 8.5% over the past week
Here’s How Much a $1000 Investment in Eaton Made 10 Years Ago Would Be Worth Today
How much a stock’s price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well. FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and… Continue reading Here’s How Much a $1000 Investment in Eaton Made 10 Years Ago Would Be Worth Today
Dana Extends Leadership in Agriculture and Turf Management through New Systems for High-Performance Tractors, Electric Zero-Turn Mowers
HANOVER, Germany, Nov. 13, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced the launch of a comprehensive vehicle design methodology for delivering complete, integrated suspension solutions for high-performance agriculture tractors. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Introduced at Agritechnica, the world’s leading trade fair for agriculture machinery, the initiative uses a sophisticated multiphysics approach to… Continue reading Dana Extends Leadership in Agriculture and Turf Management through New Systems for High-Performance Tractors, Electric Zero-Turn Mowers
Dana Incorporated Appoints Steven Miller to Board of Directors
Steven Miller Replaces Brett Icahn as Icahn Capital Board Designee in Connection with Previously Announced Agreement MAUMEE, Ohio, Nov. 13, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced that Steven Miller has been appointed to the Dana board of directors, effective Nov. 9, 2023. Mr. Miller will replace Brett Icahn as an Icahn Capital board… Continue reading Dana Incorporated Appoints Steven Miller to Board of Directors
Continental Could Cut Thousands of Jobs in Cost-Saving Restructuring
The Wall Street Journal Is the Stock Market Rally About to Rev Up? FOMO in the stock market is back. The Cboe Volatility Index, or VIX, known as Wall Street’s “fear gauge,” has plunged from its October highs, and recently slid for eight consecutive sessions. “People are trying to position for a year-end rally at… Continue reading Continental Could Cut Thousands of Jobs in Cost-Saving Restructuring
NIO Inc. Announces Appointment of Independent Director
SHANGHAI, China, Nov. 13, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that Professor Yonggang Wen has been appointed as a new independent director to the Company’s board of directors (the “Board”), effective… Continue reading NIO Inc. Announces Appointment of Independent Director
Lear (NYSE:LEA) May Have Issues Allocating Its Capital
If you’re looking for a multi-bagger, there’s a few things to keep an eye out for. Firstly, we’d want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. This shows us that it’s a compounding machine, able to continually reinvest its earnings back into the… Continue reading Lear (NYSE:LEA) May Have Issues Allocating Its Capital
Don’t Race Out To Buy Magna International Inc. (TSE:MG) Just Because It’s Going Ex-Dividend
Readers hoping to buy Magna International Inc. (TSE:MG) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company’s… Continue reading Don’t Race Out To Buy Magna International Inc. (TSE:MG) Just Because It’s Going Ex-Dividend
Goodyear (GT) Q3 Earnings Surpass Estimates, Decline Y/Y
Goodyear Tire GT delivered a third-quarter 2023 adjusted earnings per share of 36 cents, surpassing the Zacks Consensus Estimate of 17 cents but decreasing from earnings of 40 cents reported in the year-ago quarter. The company generated net revenues of $5,142 million, falling 3.2% on a year-over-year basis and missing the Zacks Consensus Estimate of… Continue reading Goodyear (GT) Q3 Earnings Surpass Estimates, Decline Y/Y